PDI Technologies acquires cybersecurity expert Nuspire
Published on: Jun 21, 2024
Nuspire provides a broad range of solutions such as managed security services, detection, and response.
PDI Technologies has announced the acquisition of Nuspire, a leading managed security services provider (MSSP). This acquisition is the first expansion by M&A for the PDI Security Solutions business since the company launched its cybersecurity and managed network services business segment in 2020.
In addition to providing a wide range of cybersecurity services for convenience stores and gas stations, PDI helps to reduce network complexity and enhance security for quick-service restaurants (QSRs), fast casual dining, and other restaurant and specialty retail locations.
“Over the last three and half years, we’ve been organically growing both our security offerings and our customer base as we secure the convenience retail ecosystem and beyond,” said Linnea Geiss, Chief Operating Officer, at PDI Technologies.
Headquartered in Commerce (Michigan), Nuspire provides a broad range of solutions such as managed security services, managed detection and response, endpoint detection and response, and cybersecurity consulting capabilities such as incident preparedness, threat modeling, and executive advisory services.
“From ransomware attacks to data breaches, phishing attempts, and more, there are nonstop cyberthreats to businesses of every type, size, and maturity,” said Lewie Dunsworth, Chief Executive Officer, Nuspire.
Berenson & Company served as financial advisors to PDI in connection with the transaction, and Harris Williams and Houlihan Lokey served as financial advisors to Nuspire.
